AirSculpt Technologies (AIRS) Launches 3.16M Share Offering

AirSculpt Technologies, Inc. (NASDAQ: AIRS) (“AirSculpt” or the “Company”), a national provider of premium body contouring procedures, today announced the launch of an underwritten public offering of 3,160,000 shares of its common stock. The underwriter will also have a 30-day option to purchase up to 474,000 additional shares of common stock. All of the shares of common stock in the offering are being sold by the Company.

Vesey Street Capital Partners, L.L.C., which is affiliated with two directors and is the largest stockholder of the Company, has expressed an interest in purchasing up to $4.0 million in shares of common stock in the offering. However, because indications of interest are not binding agreements or commitments to purchase, the Company and the underwriter could determine to sell more, fewer or no shares to any potential purchaser, and such potential purchaser could determine to purchase more, fewer or no shares in the offering.

AirSculpt currently intends to use a portion of the net proceeds from the offering for the prepayment of a portion of the Company’s outstanding indebtedness under its existing credit agreement and the remainder of the net proceeds from the offering for general corporate purposes,
including working capital and other business opportunities.

Leerink Partners is acting as the sole bookrunner for the offering.

A shelf registration statement relating to the shares of common stock of the Company was filed with the Securities and Exchange Commission and was declared effective on March 24, 2025 (File No. 333-285825). A copy of the preliminary prospectus supplement and accompanying prospectus relating to the offering may be obtained, when available, on the SEC’s website at http://www.sec.gov or by contacting Leerink Partners LLC, by telephone at (800) 808-7525 ext. 6105, or by email at [email protected], attn: Syndicate Department.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any offer or sale of, the common stock in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification of the common stock under the securities laws of any such state or jurisdiction.

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